The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region.
Gate.io’s venture capital arm, Gate Ventures, has teamed up with the Blockchain Center in Abu Dhabi to announce a $100 million fund dedicated to driving innovation for Web3.
On Aug. 19, Gate.io unveiled Falcon Gate Ventures, the joint venture supporting Web3 builders. The exchange’s venture arm said the fund is designed to “advance decentralized infrastructure and applications and accelerate the adoption of pioneering technologies."
The two organizations will pool their expertise and resources to help talent from key areas like the United States, Asia, Europe and the Middle East and North Africa (MENA) region.
